Market Overview:
The global fracture fixation product market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing incidence of fractures, rising geriatric population, and technological advancements in fracture fixation products. Based on type, the global fracture fixation product market is segmented into stainless steel type, titanium type, and other types. The titanium type segment is expected to grow at the highest CAGR during the forecast period owing to its properties such as light weight and high strength-to-weight ratio. Based on application, the global fracture fixation product market is segmented into craniomaxillofacial plate fixation, spinal plate fixation, limbs plate fixation, and others. The craniomaxillofacial plate fixation segment accounted for the largest share of the global fracture fixations product market in 2017 owing to increasing number of cranial fractures globally.
Product Definition:
A fracture fixation product is a device used to hold bones in place while they heal. They are typically made of metal or plastic and are surgically implanted into the bone. Fracture fixation products help keep the bones in proper alignment, which speeds up healing and reduces the risk of complications.
Stainless Steel Type:
Stainless steel type is a group of iron-based alloys whose composition has been standardized by the American Iron and Steel Institute. It comprises various grades including ferritic, austenitic, martensitic and duplex stainless steel types. The different types of stainless steels have varied use in end-use industries such as medical devices manufacturing, food processing equipment manufacturing and chemical industry process equipment manufacturing among others.
Titanium Type:
Titanium type is a metal alloy of titanium and other metals such as iron, aluminum, magnesium, copper and zinc. It has various industrial applications such as aerospace & defense industry, automotive industry and medical industry. The demand for titanium type in fracture fixation product market is expected to witness significant growth on account of increasing number of accidents related to roadways across the globe.
Application Insights:
Craniomaxillofacial plate fixation was the most prominent application segment in 2017 and is projected to grow at a CAGR of XX% over the forecast period. The rising number of craniotomies owing to an increase in trauma cases is one of the key factors driving growth. According to data published by WHO, globally, around 250,000-500,000 people suffer from traumatic brain injuries every year and around 75% of these occur in low-and middle-income countries where healthcare infrastructure and availability are less developed as compared to high-income countries.
Regional Analysis:
North America dominated the global market in 2017 owing to the increasing number of road accidents, rising prevalence of osteoporosis and other bone disorders, and high adoption of advanced technologies. The presence of well-established healthcare facilities also contributes to regional growth. In addition, growing demand for cosmetic surgeries is further expected to drive product demand in this region.
Asia Pacific is anticipated to witness lucrative growth over the forecast period due to factors such as improving economic conditions and rapid industrialization that result in an increase in social activities like sports & military activities resulting into a rise in fracture cases which needs surgical intervention Fixation products are used widely across Asia Pacific countries for various applications including craniofacial surgery (plate fixation), spinal surgery (plate fixation), limbs plate fixator etc.
Growth Factors:
- Increasing incidence of fractures: The global fracture fixation product market is expected to grow at a CAGR of 5.5% from 2016 to 2021, owing to the increasing incidence of fractures. According to a study by the World Health Organization (WHO), every year around 8 million people die due to unintentional injuries, out of which almost half are due to road traffic accidents. Of these, 1.3 million are pedestrians, cyclists and motorcyclists killed each year on the world’s roads. A large number of these fatalities could be prevented through timely fracture fixation products and services
- Rising geriatric population: The global geriatric population is expected to grow at a CAGR of 7% from 2016-2021, which will lead to an increase in demand for fracture fixation products and services as this population is more prone to fractures
Scope Of The Report
Report Attributes
Report Details
Report Title
Fracture Fixation Product Market Research Report
By Type
Stainless Steel Type, Titanium Type, Other
By Application
Craniomaxillofacial Plate Fixation, Spinal Plate Fixation, Limbs Plate Fixation, Others
By Companies
DePuySynthes, Stryker, Zimmer Biomet, Smith & Nephew, Wright MedicaL, Medtronic, Tornier, NuVasive, Globus Medical, BBraun, DePuySynthes, MicroPort
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Fracture Fixation Product Market Report Segments:
The global Fracture Fixation Product market is segmented on the basis of:
Types
Stainless Steel Type, Titanium Type, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Craniomaxillofacial Plate Fixation, Spinal Plate Fixation, Limbs Plate Fixation, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DePuySynthes
- Stryker
- Zimmer Biomet
- Smith & Nephew
- Wright MedicaL
- Medtronic
- Tornier
- NuVasive
- Globus Medical
- BBraun
- DePuySynthes
- MicroPort
Highlights of The Fracture Fixation Product Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stainless Steel Type
- Titanium Type
- Other
- By Application:
- Craniomaxillofacial Plate Fixation
- Spinal Plate Fixation
- Limbs Plate Fixation
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fracture Fixation Product Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fracture Fixation Product is a medical device that is used to fix fractures.
Some of the major companies in the fracture fixation product market are DePuySynthes, Stryker, Zimmer Biomet, Smith & Nephew, Wright MedicaL, Medtronic, Tornier, NuVasive, Globus Medical, BBraun, DePuySynthes, MicroPort.
The fracture fixation product market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fracture Fixation Product Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fracture Fixation Product Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fracture Fixation Product Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fracture Fixation Product Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fracture Fixation Product Market Size & Forecast, 2020-2028
4.5.1 Fracture Fixation Product Market Size and Y-o-Y Growth
4.5.2 Fracture Fixation Product Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Stainless Steel Type
5.2.2 Titanium Type
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Craniomaxillofacial Plate Fixation
6.2.2 Spinal Plate Fixation
6.2.3 Limbs Plate Fixation
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fracture Fixation Product Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fracture Fixation Product Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Stainless Steel Type
9.6.2 Titanium Type
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Craniomaxillofacial Plate Fixation
9.10.2 Spinal Plate Fixation
9.10.3 Limbs Plate Fixation
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Stainless Steel Type
10.6.2 Titanium Type
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Craniomaxillofacial Plate Fixation
10.10.2 Spinal Plate Fixation
10.10.3 Limbs Plate Fixation
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Stainless Steel Type
11.6.2 Titanium Type
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Craniomaxillofacial Plate Fixation
11.10.2 Spinal Plate Fixation
11.10.3 Limbs Plate Fixation
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Stainless Steel Type
12.6.2 Titanium Type
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Craniomaxillofacial Plate Fixation
12.10.2 Spinal Plate Fixation
12.10.3 Limbs Plate Fixation
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Stainless Steel Type
13.6.2 Titanium Type
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Craniomaxillofacial Plate Fixation
13.10.2 Spinal Plate Fixation
13.10.3 Limbs Plate Fixation
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fracture Fixation Product Market: Competitive Dashboard
14.2 Global Fracture Fixation Product Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DePuySynthes
14.3.2 Stryker
14.3.3 Zimmer Biomet
14.3.4 Smith & Nephew
14.3.5 Wright MedicaL
14.3.6 Medtronic
14.3.7 Tornier
14.3.8 NuVasive
14.3.9 Globus Medical
14.3.10 BBraun
14.3.11 DePuySynthes
14.3.12 MicroPort
